The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has expressed confidence of meeting its 2018 target of registering foreign-direct inflows to the sum of $10 billion. The amount, when achieved, would be twice last year’s target of $5 billion.

Out of the $5 billion targeted last year, the Centre pooled $4.91 billion, representing almost 100 per cent of the target. Speaking in an interview with Class Business on how to meet the 2018 target, Mr Grant said they will be targeting specific investment opportunities to realise this target.

He said: “We’ve set a target of about $10billion this year, not just on the general investments, but the reason we set that target is, we’re looking at targeting specific investments, the railways, the Accra Marine Project, the Trade Fair Redevelopment Project, some roads, we’re looking at opportunities in the north and bauxite opportunities, not to mention some of the new oil and gas opportunities emerging…so that’s how we are looking at it now…”

“I’m very positive we can achieve that, we need to work hard, we need to accelerate some of our processes and remove as much bureaucracy and make sure that we do the right things with the investors and the opportunities.”

Source: peacefmonline.com